CVC weighs sale of stake in QSR Brands after IPO delays


KUALA LUMPUR: Private equity firm CVC Capital Partners is considering selling its 21% stake in QSR Brands (M) Holdings Bhd after multiple attempts by the regional fast-food franchise operator for a domestic listing, according to sources.

QSR Brands, the operator of KFC and Pizza Hut restaurants in South-East Asia, has tried to hold an initial public offering (IPO) on the local stock exchange since 2017.

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CVC , QSRBrands , stakesale , adviser , IPO

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